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US dollar holds near a two-month high amid rate hike prospects and Middle East diplomacy

The US dollar stays near a two‑month high as markets assess rate‑hike expectations and Middle East diplomatic activity.

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Sophie Laurent · FX & Rates Desk · 23 Sept 2026 · 03:09 · 1 min read
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US dollar holds near a two-month high amid rate hike prospects and Middle East diplomacy

The US dollar is holding near a two‑month high, reflecting expectations of further rate hikes and ongoing diplomatic developments in the Middle East. The move is creating cross‑currency pressures on the euro, Swiss franc and several Asian currencies as investors re‑evaluate monetary policy divergence and safe‑haven flows.

Euro / US Dollar

EURUSD
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1.1427▼ 0.19%
As of 22/09/2026, 21:00:00

Further verified details were not immediately available.

This article was produced with AI assistance and edited by a Finance Review Daily journalist.
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Written by
Sophie Laurent
FX & Rates Desk

Sophie covers currency markets and central bank policy across Europe, with a focus on how rate decisions ripple through FX pairs. She has been tracking the ECB's policy path since the start of the current easing cycle.

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